For Leika Kihara's latest contributions to The Japan Times, see below:
Naruhito Nogami, a 37-year-old systems engineer in Tokyo, drives to discount stores on weekends to buy cheap groceries in bulk, even though he earns enough to make ends meet and the prospects for Japan's economic recovery are brighter. "I do have money, but I'm frugal ...
In his presidential campaign last year, U.S. President Donald Trump promised to scrap trade deals that gave unfair advantages to other nations and replace them with new ones that would revitalize the U.S. economy and bring jobs back home. One of the Trump administration's first ...
Japan's attempts to revive anemic consumer spending through unconventional monetary policy have created new problems for the central bank in its daily dealings with financial markets, as rising global yields muddle its efforts to manage local rates. Introduced in September last year, the Bank of ...
Having spent more than three years and trillions of dollars in a losing battle against deflation, the Bank of Japan is hoping that a little financial education will convince a nation of inveterate savers to put their cash to better use. More than half of ...
Three years of Abenomics, Prime Minister Shinzo Abe's bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers. As the world's third-largest economy falters again — with a stronger yen gnawing at overseas profits and domestic consumption sapping companies' confidence to ...
Policymakers are in frequent contact with their European counterparts on how to soothe markets if Britain votes to leave the European Union, with the first line of defense aimed at preventing a shortage of dollar liquidity. The Bank of Japan is ready to offer dollar ...
The Bank of Japan's policy board is set to discuss this week whether to exempt $90 billion in short-term funds from its newly imposed negative interest rate, people familiar with the matter said, after the securities industry warned that investment money would be driven ...
Bank of Japan Gov. Haruhiko Kuroda J is urging companies to do more to tackle deflation, a tacit admission that his massive money-printing exercise has failed and policymakers are losing faith in the point of delivering more of the same. When Kuroda began the stimulus ...
The Bank of Japan will cut its growth and inflation outlook for this fiscal year at a rate review next week, but only slightly tweak its projections for next year, sources said, possibly tempering expectations that the central bank will soon ease monetary policy ...
Bank of Japan policymakers are in no mood to expand monetary stimulus this week, sources familiar with their thinking say, even as poor data challenges their presumption that economic recovery will boost inflation to its 2 percent target next year. When BOJ Gov. Haruhiko Kuroda ...
